Graphitene Ltd.

Graphitene Ltd, based in Scunthorpe, UK, is a small holding company with an active status, established eleven years ago. The company employs four people and holds assets valued at £100,903. It has a real address, is overseen by one director and one owner, and operates as an irregular importer of machinery and a regular exporter of chemical products.

The company’s website suggests a focus on nanomaterials research and development, with a particular emphasis on advanced materials technology. While the core business appears to be research-oriented, it’s unclear if the company operates an e-commerce platform directly, or if the website serves primarily as an informational hub for potential investors and collaborators. The site highlights expertise in areas like graphene and related materials, indicating a focus on high-tech applications.

Financially, Graphitene Ltd presents a mixed picture. Current assets have increased by a significant 59%, reaching £100,000, while net assets have decreased by 8.4% to -£880,000. Bank borrowings have increased by 23%, reaching £3,900, and cash reserves have jumped 97% to £13,000. Trade debtors have decreased significantly, suggesting improved collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity and rising bank borrowings suggest it may be burning through cash. The absence of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It seems the company is investing in its research and development, which explains the increase in current assets, but the negative equity suggests it may need to secure additional funding or streamline its operations to ensure long-term financial stability.

Registered in England/Wales under the registration number 08949857, with a registered address at DN15 8SJ, United Kingdom, Scunthorpe, N Lincs, Unit 3 Unit 3, 4th / 8th Avenue, Flixborough Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.